Section 89
This query is : Resolved
09 October 2017
Generally pension received after one or two years of retirement and received for those two years in current year in that case can we claim relief under section 89……?? though this is not of arrears..as it was due in previous year itself but we cant file return for those year as we don't know exact pension
09 October 2017
Income should be taxed either on cash or on accrual basis. If the amount due in the past two years are arrears in nature,benefits under Sec 89 can be claimed`
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